News By Tag
News By Place
UK doctors investing in luxury Sri Lanka apartments
WolvertApartments.com was the Main Sponsor of The Sri Lankan Medical and Dental Association (SLMDA) Autumn Charity Ball in Manchester, UK, which was held at the luxury Lowrey Hotel and was attended by some of the best Sri Lankan consultants and surgeons in Britain.
Among the luxury apartments presented to prime buyers at the event were seaview apartments in the prestigious Bagatalle Road, Colombo 03, eco-friendly apartments in Rajagiriya and the first luxury apartments in Kandy and Jaffna.
Sanjana Fernando, Chief Executive Officer of WolvertApartments.com, says, “We are delighted to be the main sponsor of this event. It is an opportunity for us to present a choice of some of the best luxury apartments that are currently under construction in Sri Lanka, to an audience who are always on the look-out for a strong investment."
For every eventual sale WolvertApartments.com generates at the event a sizable donation goes to the SLMDA, as well as to The Meththa Foundation, a registered charity which provides artificial limbs to disabled people in Sri Lanka, which is headed by former consultant in rehabilitation medicine, Dr Bandara Panagamuwa.
SLMDA is one of the oldest Sri Lankan registered charities in the UK. President, Dr Mahesan Nirmalan, says, “It's a pleasure to once again have Wolvert Apartments coming on board to fund our event as the Main Sponsor. We are excited to work with a new and upcoming Sri Lankan company, which values customer care and conducts itself in a very professional manner."
The doctors are among a growing number of expats and international buyers looking at buying real estate in Sri Lanka, which has a thriving economy that is set to grow by more than 7% in 2015. As a result, Sri Lanka is rising up the World Economic Forum’s Global Competitiveness Index and is ranked 73 out of 144 countries, ahead of Kenya, Greece, Ukraine and other emerging countries.
“There is limited prime land in Colombo and the major cities of Rajagiriya, Kandy and Jaffna have major potential for growth, so the only way is up. Another advantage is there is no capital gains tax in Sri Lanka when you sell,” says Sanjana Fernando. Foreigners can buy apartments in Sri Lanka, if it is on or above the fourth floor.
For more details about Sri Lankan Apartments, contact WolvertApartments.com on +94 777 121 880 or email email@example.com.